Vice President of Compliance

The Vice President of Compliance at Roers Companies will oversee the compliance department, ensuring adherence to affordable housing regulations like LIHTC, HUD, Section 8, and HOME. This role involves leading compliance audits, developing policies for regulatory compliance, monitoring regulatory changes, and collaborating with property management teams to maintain compliance across all properties. The VP will serve as the primary liaison with regulatory agencies and ensure that compliance reports and certifications are submitted accurately and on time.

Candidates for the Vice President of Compliance position at Roers Companies need a Bachelor’s degree in Business or a related field along with a minimum of 10 years of compliance management experience in the multifamily affordable housing sector. At least 5 years in a senior leadership role is required, along with industry certifications like HCCP, COS, or TCS. Strong leadership skills, excellent communication abilities, and proficiency in compliance software are essential for effectively performing in this role.

Roers Companies prefers candidates for the Vice President of Compliance role to have substantial experience working with regulatory agencies, conducting audits, and managing compliance monitoring programs. Candidates should also possess in-depth knowledge of affordable housing programs and the ability to analyze compliance risks effectively. Leadership experience, particularly in overseeing compliance teams, is crucial for developing a high-performance culture within the department.

Yes, the Vice President of Compliance at Roers Companies should have strong analytical and problem-solving skills to assess compliance risks and implement effective solutions. Excellent interpersonal skills are necessary for collaboration with internal teams and external stakeholders. Additionally, proficiency in compliance software and property management systems will be important for effectively managing compliance processes.

The Vice President of Compliance plays a crucial role in shaping the compliance landscape at Roers Companies by fostering a culture of integrity and ethical business practices. This individual will ensure that all properties comply with affordable housing guidelines, thus supporting our mission to deliver high-quality, market-rate, and affordable housing options. The VP will also provide vital guidance on regulatory changes, influencing strategic decisions at the executive level.

In interviews, highlight your specific experience with compliance regulations such as LIHTC, HUD, and Section 8. Emphasize your understanding of industry standards and your role in ensuring compliance. Share examples where you navigated regulatory challenges and how you improved compliance measures within your previous organizations.

Discuss your leadership style and how you've cultivated a high-performance culture in your compliance teams. Provide concrete examples of how you set clear goals, inspired teamwork, and facilitated continuous improvement, detailing any successful training programs you implemented that resulted in enhanced compliance.

Talk about developing a comprehensive compliance monitoring system. Mention the importance of regular audits, internal reviews, and training programs that empower on-site staff. Highlight your experience with technology and data analysis that can streamline compliance tracking and reporting across properties.

Explain how you assess compliance tasks based on urgency and impact. Illustrate how effective communication and outlining priorities can help you manage multiple projects efficiently. Share past experiences where you balanced competing demands without sacrificing compliance standards.

Prepare to discuss a specific instance where you led your team through a regulatory change. Describe the situation, your approach to informing stakeholders, and how you adapted policies and procedures to maintain compliance while mitigating disruption.

Emphasize the importance of ongoing compliance training for both corporate and on-site staff. Highlight how training fosters accountability and equips employees with the knowledge to navigate complex regulations. Discuss any training programs you have developed or enhanced in previous roles.

Discuss your approach to preparing for audits, including pre-audit reviews and ensuring transparency. Describe how you communicate findings with leadership and work collaboratively to address any issues. Share a success story of a past audit experience where you achieved favorable outcomes.

In your response, outline your problem-solving methodology. Highlight the importance of gathering data, consulting with relevant stakeholders, and exploring creative solutions to compliance issues. Provide an example of a challenge you successfully resolved and its positive outcome.

Talk about your strategies for staying informed about regulatory changes, such as attending industry conferences, participating in webinars, and being active in professional organizations. Mention how this knowledge allows you to proactively adjust compliance strategies in your organization.

Discuss the leading role of integrity in fostering trust and upholding the organization’s reputation. Explain how integrity guides decision-making and shapes the compliance culture in an organization, ultimately leading to long-term success.